Versailles Wellington FL Real Estate Market Trends 2002-2011

Versailles is one of Wellington Florida’s most magnificent guard gated luxury estate home communities.  Throughout 2003 up to 2006 Transeastern Homes built 450 luxury estate homes in Versailles.

Like other communities throughout Wellington Florida property value increased at a rapid rate in Versailles and reached it’s peak in 2007 with a median sales price of $1,025,000.  Since 2008 property value in Versailles has been decreasing, but the number of home sales has been increasing.

Versailles 2002 to 2011 Market TrendsThe above graph displays Versailles home sales for 2002 to 2011.  The dark purple shows the number of homes sold while the light purple shows the median home sales price for that particular year.  This graph does NOT include all new construction.

As of today, there are 11 homes for sale in Versailles starting at $375,000 up to $1,750,000.

If you are looking to buy or sell in Versailles – Wellington Florida contact me today!

Information provided by RMLS on March 6, 2012 deemed reliable, but not guaranteed

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Michelle Gibson Wellington Florida REALTORMichelle Gibson of the Hansen Real Estate Group Inc. who has specialized in Wellington, Florida, real estate since 2001. She combines community knowledge with effective marketing, technology, and social media to help buyers, sellers, and renters throughout Wellington.

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